iQSTEL (IQST) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

iQSTEL Revenue Highlights

Latest Revenue (Y)

$316.90M

Latest Revenue (Q)

$102.87M

Main Segment (Y)

Telecom

Main Geography (Y)

UNITED STATES

iQSTEL Revenue by Period

iQSTEL Revenue by Year

Date	Revenue	Change
2025-12-31	$316.90M	11.89%
2024-12-31	$283.22M	96.00%
2023-12-31	$144.50M	55.04%
2022-12-31	$93.20M	44.05%
2021-12-31	$64.70M	44.07%
2020-12-31	$44.91M	149.06%
2019-12-31	$18.03M	30.90%
2018-12-31	$13.78M	43.18%
2018-06-30	$9.62M	31.45%
2016-06-30	$7.32M	527.20%
2015-06-30	$1.17M	15041.35%
2014-06-30	$7.71K	339.15%
2013-06-30	$1.75K	-
2012-06-30	$1.75K	100.00%
2011-06-30	-	-

iQSTEL generated $316.90M in revenue during NA 2025, up 11.89% compared to the previous quarter, and up 705.63% compared to the same period a year ago.

iQSTEL Revenue by Quarter

Date	Revenue	Change
2025-09-30	$102.87M	42.51%
2025-06-30	$72.18M	25.25%
2025-03-31	$57.63M	-41.71%
2024-12-31	$98.87M	82.26%
2024-09-30	$54.25M	-31.01%
2024-06-30	$78.64M	52.94%
2024-03-31	$51.41M	8.81%
2023-12-31	$47.25M	18.86%
2023-09-30	$39.76M	21.12%
2023-06-30	$32.82M	33.07%
2023-03-31	$24.67M	-12.37%
2022-12-31	$28.15M	28.31%
2022-09-30	$21.94M	-7.44%
2022-06-30	$23.70M	22.04%
2022-03-31	$19.42M	8.74%
2021-12-31	$17.86M	8.13%
2021-09-30	$16.52M	2.41%
2021-06-30	$16.13M	13.60%
2021-03-31	$14.20M	-8.23%
2020-12-31	$15.47M	16.39%
2020-09-30	$13.29M	19.42%
2020-06-30	$11.13M	121.83%
2020-03-31	$5.02M	-7.81%
2019-12-31	$5.44M	30.43%
2019-09-30	$4.17M	-1.90%
2019-06-30	$4.25M	2.17%
2019-03-31	$4.16M	1.54%
2018-12-31	$4.10M	8.06%
2018-09-30	$3.79M	-60.56%
2018-06-30	$9.62M	341.30%
2018-03-31	$2.18M	100.00%
2017-12-31	-	-100.00%
2017-09-30	$1.90M	100.00%
2017-06-30	-	100.00%
2017-03-31	-	100.00%
2016-12-31	-	100.00%
2016-09-30	-	100.00%
2016-06-30	-	100.00%
2016-03-31	-	100.00%
2015-12-31	-	100.00%
2015-09-30	-	100.00%
2015-06-30	-	100.00%
2015-03-31	-	100.00%
2014-12-31	-	100.00%
2014-09-30	-	100.00%
2014-06-30	-	-100.00%
2014-03-31	$3.90K	524.80%
2013-12-31	$625.00	-83.56%
2013-09-30	$3.80K	100.00%
2013-06-30	-	-100.00%
2013-03-31	$1.13K	80.80%
2012-12-31	$625.00	100.00%
2012-09-30	-	100.00%
2012-06-30	-	100.00%
2012-03-31	-	100.00%
2011-12-31	-	100.00%
2011-09-30	-	-

iQSTEL generated $102.87M in revenue during Q3 2025, up 42.51% compared to the previous quarter, and up 130.82% compared to the same period a year ago.

iQSTEL Revenue Breakdown

iQSTEL Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 22
Fintech	$27.96M	-
Telecom	$330.56M	-
U S A	$194.72M	$94.19M
United Kingdom	$141.62M	-
Corporate Segment	$220.75K	-
Elimination	$-41.36M	$-5.90M

iQSTEL's latest annual revenue breakdown by segment (product or service), as of Dec 25: Telecom (50.57%), U S A (29.79%), United Kingdom (21.66%), Fintech (4.28%), Corporate Segment (0.03%), and Elimination (-6.33%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Sep 24	Jun 24	Mar 24	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
U S A	$91.75M	$63.22M	$39.75M	-	$24.85M	$30.29M	$22.36M	$23.06M	$18.48M	$60.11M	$15.35M	$14.99M	-	-
Fintech	$13.66M	$14.29M	-	-	-	-	-	-	-	-	-	-	-	-
United Kingdom	$61.86M	$44.65M	$35.12M	-	-	-	-	-	-	-	-	-	-	-
Elimination	$-14.11M	$-15.54M	$-11.71M	$-372.72K	$-798.62K	-	$-1.53M	$-3.50M	$-1.72M	$-596.75K	$-81.88K	$-92.81K	$-19.77K	$-11.20K
Corporate Segment	$169.75K	$51.00K	-	-	-	-	-	-	-	-	-	-	-	-
Telecom	$226.34M	$104.22M	-	-	-	-	-	-	-	-	-	-	-	-

iQSTEL's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Telecom (59.61%), U S A (24.16%), United Kingdom (16.29%), Fintech (3.60%), Corporate Segment (0.04%), and Elimination (-3.72%).

iQSTEL Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 22
UNITED STATES	$194.72M	-
United Kingdom	$141.62M	-
Geography Eliminations	$-41.36M	-
SWITZERLAND	$22.39M	-
Switzerland	-	$4.91M
U S A	-	$94.19M

iQSTEL's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (61.35%), United Kingdom (44.62%), SWITZERLAND (7.06%), and Geography Eliminations (-13.03%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Sep 24	Jun 24	Mar 24	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20
Geography Eliminations	$-14.11M	$-15.54M	$-11.71M	$-372.72K	-	-	-	-	-	-	-	-	-	-	-	-	-	-
United Kingdom	$61.86M	$44.65M	$35.12M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$91.75M	$63.22M	$39.75M	$13.07M	$11.76M	$9.95M	$3.82M	-	-	-	-	-	-	-	-	-	-	-
SWITZERLAND	$2.46M	$10.69M	$9.24M	$822.31K	$1.14M	$1.54M	$1.18M	$1.20M	-	-	-	-	-	-	-	-	-	-
Switzerland	-	-	-	$822.31K	$883.92K	$836.32K	$1.35M	$1.36M	$1.29M	$1.24M	$1.03M	$4.68M	$1.19M	$1.15M	-	-	-	-
U S A	-	-	-	-	-	-	$24.85M	$30.29M	$22.36M	$23.06M	$18.48M	$60.11M	$15.35M	$14.99M	-	-	-	-

iQSTEL's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (64.63%), United Kingdom (43.57%), SWITZERLAND (1.73%), and Geography Eliminations (-9.94%).

iQSTEL Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PCLA	PicoCELA	$784.40M	$126.29M
KRKR	36Kr	$340.19M	$103.33M
IQST	iQSTEL	$316.90M	$102.87M
UCL	uCloudlink Group	$85.58M	$18.13M
DLPN	Dolphin Entertainment	$56.70M	$14.80M
EDUC	Educational Development	$51.03M	$6.67M
TDIC	Dreamland Limited Class A Ordinary Shares	$45.80M	$1.90M
ANGH	Anghami	$41.38M	$11.24M
CPOP	Pop Culture Group	$18.54M	$24.01M
SEGG	Sports Entertainment Gaming Global	$1.07M	$223.85K

IQST Revenue FAQ

What is iQSTEL’s yearly revenue?

iQSTEL's yearly revenue for 2025 was $316.9M, representing an increase of 11.89% compared to 2024. The company's yearly revenue for 2024 was $283.22M, representing an increase of 96.00% compared to 2023. IQST's yearly revenue for 2023 was $144.5M, representing an increase of 55.04% compared to 2022.

What is iQSTEL’s quarterly revenue?

iQSTEL's quarterly revenue for Q3 2025 was $102.87M, a 42.51% increase from the previous quarter (Q2 2025), and a 89.62% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $72.18M, a 25.25% increase from the previous quarter (Q1 2025), and a -8.21% decrease year-over-year (Q2 2024). IQST's quarterly revenue for Q1 2025 was $57.63M, a -41.71% decrease from the previous quarter (Q4 2024), and a 12.09% increase year-over-year (Q1 2024).

What is iQSTEL’s revenue growth rate?

iQSTEL's revenue growth rate for the last 3 years (2023-2025) was 119.30%, and for the last 5 years (2021-2025) was 389.78%.

What are iQSTEL’s revenue streams?

iQSTEL's revenue streams in c 25 are Fintech, Telecom, U S A, United Kingdom, Corporate Segment, and Elimination. Fintech generated $27.96M in revenue, accounting 4.28% of the company's total revenue Telecom generated $330.56M in revenue, accounting 50.57% of the company's total revenue U S A generated $194.72M in revenue, accounting 29.79% of the company's total revenue, up 106.74% year-over-year. United Kingdom generated $141.62M in revenue, accounting 21.66% of the company's total revenue Corporate Segment generated $220.76K in revenue, accounting 0.03% of the company's total revenue Elimination generated $-41.36M in revenue, accounting -6.33% of the company's total revenue, up 601.21% year-over-year.

What is iQSTEL’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of iQSTEL was Telecom. This segment made a revenue of $330.56M, representing 50.57% of the company's total revenue.